ALEXANDRIA, Va. –Registration is now open for a webinar to be co-hosted by NCUA and the Internal Revenue Service on the Earned Income Tax Credit and Volunteer Income Tax Assistance (VITA) programs.
Separately, former CUNA executive and NCUA Executive Director Karl Hoyle has passed away.
The NCUA and the IRS said they are encouraging credit unions, their members and others to participate in the webinar to learn more about the benefits of these tax programs.
The event, “Tax Time Resources for Credit Unions and Consumers,” is scheduled for Feb. 23 at 2 p.m. ET. The webinar will run approximately 45 minutes. Participants will be able to log into the webinar and view it on their computers or mobile devices using the registration link. They should allow pop-ups from this website, NCUA said.
Representatives from the NCUA’s Office of Consumer Financial Protection, along with Board Member Rodney E. Hood and senior IRS officials, will participate in the webinar.
To register, go here.
What’s Included
NCUA said the presentation will include information on credit union Call Report data, Earned Income Tax Credit resources, and stakeholder partnerships. Both agencies will discuss their financial literacy efforts regarding the Earned Income Tax Credit and VITA, geared to low- and moderate-income families, and highlight the resources available to consumers at MyCreditUnion.gov and other websites. A Q&A segment will follow.
Participants can submit questions in advance by emailing WebinarQuestions@ncua.gov. The email’s subject line should read, “Tax Time Resources for Credit Unions and Consumers.” Please email technical questions about accessing the webinar to audience.support@on24.com.
The webinar will be closed captioned and archived online approximately three weeks following the live event.
Former Executive Director Karl Hoyle Passes Away
Separately, in Gainesville, Va., former NCUA Executive Director Karl Hoyle has passed away. Mr. Hoyle was 77.
Prior to serving as executive director at NCUA in the mid-1990s, Hoyle held positions with CUNA and the Federal Home Loan Bank Board. His career began in 1970 in public relations at Carl Byoir & Associates and then he moved on to the American Bankers Association, the Independent Bankers Association and NAFCU as a lobbyist.
After exiting NCUA, Hoyle launched the Hoyle Group, a PR and lobbying firm.
Hoyle left NCUA after a scandal involving the skirting of federal hiring rules in order to expand the agency’s minority and female workforce. He was fired by the agency with then Chairman Norm D’Amours voting against the termination and board members Dennis Dollar and Yolanda Wheat voting in favor. He later filed suit against the agency.
Three of NCUA’s then six regional directors were also suspended and/or demoted.
Hoyle is survived by his wife, Kathy, a daughter Shannon, and a grandson. He served in Viet Nam in the U.S. Army and was awarded the national Defense Service Medal, Vietnam Service Medal and a Purple Heart.
He will be buried at Arlington National Cemetery.
A ‘Consummate Pro’
“I first met Karl when I was a House staffer and he was head of CUNA’s DC office—he was successful in leading the effort to pry the credit union tax exemption out of the 1986 tax reform bill,” said John McKechnie, now a senior partner at the advocacy firm Total Spectrum. “And when I went to work for CUNA a year later Karl was a teacher and I was a very eager pupil. I still use many of the lessons he taught me about advocacy, such as the value of tenacity and of knowing your audience. I liked and respected him a great deal. A consummate pro.”